Business Relationships, Industry Affiliations, and Positions Held
When a University employee has a relationship with a non-University entity that could benefit from the employee's decisions on behalf of the University, the potential exists for conflicts of interests.
State and NSHE policies prohibit University employees from becoming contractors or vendors for the purchase of supplies, equipment, services and construction to any NSHE institution, except under certain circumstances. Additionally, University employees are prohibited from participating in the selection, award, or administration of any contract to an NSHE institution if he or she has a perceived or actual conflict of interests. Such a conflict of interests would arise when the University employee, any member of his or her immediate family, his or her partner, or an organization that employes or is about to employe any of the parties indicated herein, has a financial or other interest in, or a tangible personal benefit from, an entity considered for a contract. (NRS 281.230; NRS 281A.400; NRS 281A.420; NRS 281 A.430; NSHE BOR Handbook, Title 4, Chapter 10, Section 1)
When such situations cannot be avoided, the relationship between the non-University entity and the employee, or others through the employee's commitment in a private capacity, must be disclosed for evaluation and, if possible, management.
Note: If you are affiliated with the University of Nevada, Reno, School of Medicine, please disclose all outside business relationships and positions. If you are not affiliated the with University of Nevada, Reno, School of Medicine, only disclose those business relationships and positions that are related to or could be perceived as being related to your University responsibilities.
Business relationships that must be disclosed
- A business relationship, including equity ownership, with a non-University entity and you participate in making decisions about the acquisition of supplies, goods, or services for the University from that entity.
- A business relationship with a non-University entity when your involvement in transactions or decisions on behalf of the University could benefit you or others through your commitment in a private capacity.
- A business relationship with an outside entity for which you provide infomation about its goods or services to the University community, and when decisions resulting from the promotion or information could benefit you or others through your commitment in a private capacity.
- A business relationship with an outside entity to which you provide University proprietary or confidential information when the information could benefit you or others through your commitment in a private capacity.
- A business relationship with an outside entity that results in the need for you to recuse yourself from a University matter because it related to that outside entity. This includes having accepted a gift or loan from the outside entity.
- Assigning duties or offering employment to a student when the duties or employment are related to a business with which you have a relationship, or a relationship in a private capacity, and the student is enrolled in a course being taught by you or you are directly supervising the student's academic work or research.
Industry relationships that must be disclosed
Industry affiliations with pharmaceutical, medical device, or medical equipment companies.
Positions in outside entities that must be disclosed
Management positions with fiduciary responsibilities, such as a board member, director, partner, or trustee in an outside entity if it is reasonably related to your University responsibilities. For example, being on the board of directors of a company whose financial interests could be affected by your University research or decisions you make on behalf of the University. These positions must be disclosed even if you do not receive compensation for your services.
If you are affiliated with the University of Nevada, Reno, School of Medicine, please disclose all outside positions, not just those related to your University responsibilities.